We welcome all
readers who have joined us for The Warrant Report.
As this is a holiday
weekend in the United States and no trading on Monday,
trading today maybe somewhat subdued but we currently
have gold at $926, silver at $18.25 and the U.S. Dollar
Index up slightly at 72.
.
Highlights:
In this issue, I have a
link to my radio interviews, and recent comments by J.
Taylor and James Turk and more......
Frequently we are asked to
do
radio interviews and we now have a
link on our website to access these interviews.
For now only the most recent are available with
interviews by The Opportunity Show but we will be
including others as soon as possible.
Now I would like to share
some recent comments by Jay Taylor,
J. Taylor's Gold & Technology Stocks, on May 23rd:
Has a New Run From Paper Money Begun?
"On Wednesday, May 21st, following some information made
public by the Fed, we detected a possible major change
in the relationship between interest rates and the
equity markets. Normally, what had been happening is
that when equity markets are weak, as they have been
over the past two days, the bond market would
strengthen, as money would flow from equities to the
"safe haven" of U.S. Treasuries.
That did not happen on Wednesday. Both the equity
markets and the bond markets were weak, which means
money was flowing out of paper assets and into tangibles
like oil and gold. We think this could be a very
significant event if it marks the start of a new trend
out of paper and into tangibles. Is Wall Street finally
waking up to the fact that inflation is in fact a
serious problem? If so, we could be ready to see an
explosion in the price of commodities that could make
the rise in oil and gold so far look like child's play.
Another change we detected on Wednesday was an
improvement in the prices of many of the junior mining
stocks we follow even as the senior gold shares, which
were hot on Monday and Tuesday, cooled down. We think
this shift to the more speculative sector could also be
suggesting a move toward inflation hedges may be getting
under way."
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And now the latest
projections from James Turk, Freemarket Gold and
Money Report.
"My price projections for
the precious metals for this year remain unchanged -
$1100 to $1200 at year-end for gold, and the high $20s
for silver."
"We are witnessing the death knell of the dollar. Not
only is its nearly seven decade reign as the world's
reserve currency coming to an end, but the dollar itself
is near death. As I often say, the dollar is on the road
to the fiat currency graveyard, but more to the point,
the crazy stuff we are now seeing indicates that it will
very soon be joining the hundreds of other fiat
currencies already buried there."
These comments by two of
the best in the business, J. Taylor and James Turk
should not be taken lightly. Investors must
position themselves to not only protect wealth but to
profit from the challenges ahead by having some bullion
positions as well as quality stocks and/or long-term
warrants trading on some of the quality companies.
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Don't have time to spend on the warrant database?
Want to know my favorites?
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Dudley Pierce Baker's Personal Portfolio
A rare insight into the portfolio of one in the newsletter/database service business. You will see my entire portfolio, well organized, informative with links to all companies, quotes, capitalization of each company and the name of any analyst I know that is following any of the shares or warrants. Want to know my recent purchases? I showcase my purchases and sales for the last 60 days. "A Look Over My Shoulder" is a must have addition to your investment services and is now available at introductory pricing.
Words to the WiseI caution you to always know with whom you are dealing. Those of us in the business have our reputations on the line each and every day. So, I encourage you to use caution when visiting chat rooms, blogs and websites which are promoting stocks, warrants or other investment products. Don't trust your investment decisions to strangers. This is just common sense; if they are credible you should have access to their credentials and background.
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Adios for now,
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